The Office of the United States Trade Representative (USTR) has made the determination to impose additional duties on products of the European Union (EU) or certain member states. The effective date is dependent on the section of Annex 1 and may be either on or after 12:01 a.m. eastern daylight time March 5, 2020 or [...]
The USTR has granted additional exclusions from List 3 of the China tariffs. The exclusions will be applied retroactively to September 24, 2018 and include certain textile fabrics, clothing articles, fasteners, hand tools, engines, pumps, valves and motors. The full list of newly approved exclusions may be found here. Mallory Alexander's consulting arm, M-PACT Solutions, has updated and the [...]
U.S. President Trump and Chinese Vice Premier Liu signed “phase one” of the U.S.-China Trade Agreement in a ceremony at the White House. The phase one agreement marks a major step in efforts to rein in more than an 18-month trade war between the U.S. and China. As a part of the new agreement, China has [...]
The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about intellectual property practices. This deal, is scheduled to be signed on January 15, during a [...]
The U.S. Trade Representative has determined that the European Union (EU) and certain member States have denied U.S. rights under the World Trade Organization (WTO) Agreement and have failed to implement WTO Dispute Settlement Body recommendations concerning certain subsidies to the EU large civil aircraft industry. The U.S. Trade Representative has determined to take [...]
This morning Gao Feng, a spokesperson for China’s Commerce Ministry, said that both sides had agreed to simultaneously cancel some existing tariffs on one another’s goods. This morning’s announcement has created a lot of buzz and the US markets are responding favorably. There’s been progress in the China and US trade talks over the [...]
U.S. Customs and Border Protection has published information on Section 301 Trade Remedies to be assessed on certain products from China, known as Section 301 List 4 Goods. In light of the events outlined in the articles above, note the below CSMS information is subject to change. The tariff subheadings subject to additional duties of 10% (now [...]
